DEPENDENCE OF PROPERTY INCOMES AND SOCIAL CONTRIBUTIONS AS INDICATORS OF AGRO-BUDGETARY POLICY MANAGEMENT
DOI:
https://doi.org/10.5937/ekoPolj1903707PKeywords:
agro-budget policy, property incomes, social contributionsAbstract
Agro-budget policy is the basic lever of modern fiscal theory. For this reason, it is scientifically challenging for all market economies, but also for countries in transition. Agro-budget deficits and amounts of public debts faced by many countries requires orientation on this policy. Harmonization of economic policies, inter alia, tax rates, is a necessity but difficulties in its realization are numerous. Numerous authors emphasizes its necessity, but also the need to investigate the correlation of categories of government revenues. This article is based on determining the dependence between property incomes and social contributions and the obtained results will confirm or reject hypotheses. In addition obtained results will show the degree of development of budget policy and thus agro-budget policy and leave space for future authors to find appropriate measures and instruments in future researches for achieving basic macroeconomic goals.
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References
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2. Auerbach, J., & Feenberg, D. (2000). The Significance of Federal Taxes as Automatic Stabilizers, Journal of Economic Perspectives, 14(3): 37–5. doi: https://doi.org/10.1257/jep.14.3.37
3. Baum, A., Baum, C.M., Nunnington, N., & Mackmin, D. (2013). The Income Approach to Property Valuation, London
4. Benito, B., Brusca, I., & Montesino, V. (2017). The harmonization of government financial informationsystems: the role of the IPSASs, International Review of Administrative Sciences 73(2): 293-317 doi: https://doi.org/10.1177/0020852307078424
5. Chao, C.C., & Eden, S.H. (2002). On property tax coordination, Journal of Real Estate Finance and Economics, 25(1): 67-79 doi: http://dx.doi.org/10.1023/A:1015324801791
6. David, N. (2009): Efficiency aspects of increasing inheritance taxes while decreasing income taxes, Applied Economics, 41(26): 3359-3366
http://dx.doi.org/10.1080/00036840701416411
7. Dimitrijević, M. (2018). Relevantna obeležja savremenog javnog finansiranja. Zbornik radova Pravnog fakulteta u Nišu, 57(81): 103-118.
8. Fatima, G., Ahmed, M., & Ur Rehman, W. (2012). Consequential Effects of Budget Deficit on Economic Growth of Pakistan, International Journal of Business & Social Science,3(7): 203-208
9. French, N. (2011), "The Income Approach to Property Valuation (6th edition)", Journal of Property Investment & Finance, 29(6): 714-715 doi: https://doi.org/10.1108/jpif.2011.29.6.714.1
10. French, N. (2019). "Property investment: gearing and the equity rate of return", Journal of Property Investment & Finance, 37(3): 323-328. doi: https://doi.org/10.1108/JPIF-02-2019-0011
11. Goudswaard, K., & Caminada, K. (2015). Social security contributions: economic and public finance considerations, International Social Security Review, 68(4): 25-45 doi: http://dx.doi.org/10.1111/issr.12086
12. Grover, R. (2018), "Betterment: a taxing problem", Journal of Property Investment & Finance, 36(2): 217-226. doi: https://doi.org/10.1108/JPIF-06-2017-0046
13. Harjula, M.(2007). A guide to Europen Union funding for NGOs, Tony Venables, Aleksandar Resanović, European Action Citizen Service, Brussels, Center for peace Democracy Development, Belgrade.
14. Kovačević, M., Trandafilović, J., & Kalač, D. (2019). Revizijski aspekt izvršenja budžeta, Oditor - časopis za Menadžment, finansije i pravo, 5(1): 93-105. doi: https://doi.org/doi:10.5937/Oditor1901091K
15. Lind, H., & Nordlund, B. (2019)."The concept of market value in thin markets and its implications for international accounting rules (IFRS)", Journal of Property Investment & Finance, 37(3): 301-310. doi: https://doi.org/10.1108/JPIF-02-2019-0022
16. Milojević, I., Mihajlović, M., & Cvijanović, M. (2012). Impact of organizational
failure of relevance consolidated budget. Ekonomika poljoprivrede, 59(1): 63-71.
17. Nearing, S. (2019). Service income and property income, Taylor & Francis, Ltd. on behalf of the American Statistical Association, 14(107): 236-259
18. Neumann, M. (1986). Changes in revenue structures from the point to view of political economy, Internacional institute of public finance, 42nd congress, Atheness, 20-25 august. pp. 5-7.
19. Noronha, C., Guan, J., & Fan, J. (2018). Firm value and social contribution with the interaction of corporate governance : Social contribution value per share, Sustainability Accounting, Management and Policy Journal, 9(2): 165-200. doi: https://doi.org/10.1108/SAMPJ-10-2016-0078
20. Ooghe, E., Schokkaert, E., & Flechet, J. (2003). The Incidence of Social Security Contributions: An Empirical Analysis, Empirica, 30(1): 81-106 doi: http://dx.doi.org/10.1023/A:102412143204
21. Pedauga, L., Velazques, A., & Bueno, M. (2018). Property income from-whom-to-whom matrices: A dataset based on financial assets–liabilities stocks of financial instrument for Spain, Data in Brief, 19(1): 449-455. doi: https://doi.org/10.1016/j.dib.2018.05.018
22. Peters, G.B. (2002). The Politics of Taxation, Blackwell, Cambridge. pp. 95-97 doi: http://dx.doi.org/10.3138/cjh.39.3.623
23. Pop, A. (2016). The influence of social contributions of the economic growth, Economic Science, 25(1): 397-401 doi: https://doaj.org/article/1a7eedd581114eaab03b9389167f9aa6
24. Ramić, M. & Mešanović, M. (2017). Gap calculation of income tax and social contributions among entities and Brcko district, Business Consultant, 9(68): 85-92
25. Ross, S. (2004). Collection of social contributions: Current practice and critical issues, International Social Security Association
26. Simić, N., Kosumi, T., & Jialiang, Y. (2019). Regulatorni instrumenti održivog razvoja, Održivi razvoj, 1(1): 15-26.
27. Sinclaire, W. (2014). Income from land and property, Fiscal Services Ltd 2014, pp-42-44
28. Van Horne, J., & Wachowicz, J. (2007). Fundamentals of financing management, Data status, Beograd.
29. Vukša, S., Anđelić, D., & Kolarski, I. (2015). Uloga ekonomske politike u ekonomskim krizama, Oditor, Beograd, 3(12): 4-12 doi: http://dx.doi.org/10.5937/Oditor1512013V
30. Wang, Y., & Ge, Y. (2018). The effect of family property income on labor supply: Evidence from China, International Review of Economics and Finance, 1(57): 114-121. doi: https://doi.org/10.1016/j.iref.2018.02.016
31. Williams, J.H. (2019). "Property and income" Tax, The Assurance Magazine, and Journal of the Institute of Actuaries, 3(2): 168-169 doi: http://dx.doi.org/10.1017/s2046165800020931
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Published
2019-09-29
How to Cite
Pantić, N., Milunovic, M., Tankosic, M., Marjanović, N., & Krstić, S. (2019). DEPENDENCE OF PROPERTY INCOMES AND SOCIAL CONTRIBUTIONS AS INDICATORS OF AGRO-BUDGETARY POLICY MANAGEMENT. Economics of Agriculture, 66(3), 707–720. https://doi.org/10.5937/ekoPolj1903707P
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Review articles
